Fixed or flexible? : getting the exchange rate right in the 1990s / Francesco Caramazza, Jahangir Aziz.

By:

Caramazza, Francesco [author.]

Contributor(s):

Material type: Text

TextSeries: Economic issues (International Monetary Fund) ; 13.Publisher: Washington D.C. : International Monetary Fund, 1998Copyright date: ©1998Description: 1 online resource (iii, 18 pages) : illustrationsContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781463984151
1463984154
1463919204
9781463919207
1463995954
9781463995959

Subject(s):

Genre/Form:

Additional physical formats: Print version:: Fixed or flexible?.DDC classification:

332.456 21

LOC classification:

HG3851 .C375 1998 no.13

Online resources:

Click here to access online

Summary: This paper examines the recent evolution of exchange rate policies in the developing world. It looks at why so many countries have made the transition from fixed or pegged exchange rates to managed floating or independently floating currencies. It discusses how economies perform under different exchange rate arrangements, issues in the choice of regime, and the challenges posed by a world of increasing capital mobility, especially when banking sectors are inadequately regulated or supervised.

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This paper examines the recent evolution of exchange rate policies in the developing world. It looks at why so many countries have made the transition from fixed or pegged exchange rates to managed floating or independently floating currencies. It discusses how economies perform under different exchange rate arrangements, issues in the choice of regime, and the challenges posed by a world of increasing capital mobility, especially when banking sectors are inadequately regulated or supervised.

Print version record.

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